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Federal Taxes You own generated by Turbotax is not correct
Hi,
I recently used TurboTax Deluxe to prepare my tax. Now I am in Federal Review page:
However, the "Federal Taxes you Own" number is not correct based on my calculation with the rate specified in this link.
My case is married joint filing. I used the number in "Your Taxable Income" and find the corresponding bucket in this link and based on that calculated the "Federal Taxes You own". But the number I calculated is around $4K less than the number Turbotax calculated. I wonder whether this link provided wrong calculation or I miss anything or the turbotax has some bug?
Thanks a lot for any help!
March 21, 2021
5:57 PM